Thunder Bay, Ontario March 23, 2022: White Metal Resources Corp. (TSXV: WHM) (FRA: CGK1) (OTCMKTS: TNMLF) (“WHM” or the “Company”) announces the resignation of Nikolaos (Nick) S. Tsimidis as CFO. Nick will however continue to assist the Company in a consulting role.
The Company is pleased to announce the appointment of David Speck in the role of CFO. David is an entrepreneur and a specialist in capital markets. He graduated with a degree in political science with a focus on economics and finance from the University of Guelph in 1982. David comes with 35+ years’ experience in the financial markets inclusive of retail sales, retail sales management, mutual fund corporate development/sales, financial forecasting/modeling, creation and the implementation of marketing and business plans, start-ups and associated financings, and marketing, of same. Amongst his achievements and awards, he has achieved the President’s and Chairman’s Club level as a retail broker, held senior management roles with two retail brokerages and raised several hundred million dollars in sales. He has worked with mining and medical imaging start-ups as he entered a more entrepreneurial phase of his career. David completed the Chartered Financial Analyst degree in 1994. He is a director of SEGO Resources Inc. and a Director of Rainy Mountain Royalty.
Thunder Bay, Ontario March 22, 2022: White Metal Resources Corp. (TSXV: WHM) (FRA: CGK1) (OTCMKTS: TNMLF) (“White Metal” or the “Company”) is pleased to announce that it has received additional drill core assay results from its recently completed Phase 3 drilling program at its flagship Tower Mountain Gold Project (the “Project” or “Property”), located about 50 km west-northwest of the port city of Thunder Bay, Ontario. Results from the drilling program extended the A Zone by 25 m down-dip and results from C&M Zone suggest a possible link to alteration and gold mineralization located in the areas of the D and 110 zones, extending the strike more than 700 m to the west (Figure 1).
Highlights from the most recent results of Phase 3 drilling are:
Thunder Bay, Ontario March 16, 2022: White Metal Resources Corp. (TSXV: WHM) (FRA: CGK1) (OTCMKTS: TNMLF) (“WHM” or the “Company”) is pleased to announce that it has optioned its interest in the Okohongo Copper-Silver Property (the “Okohong”) in northwestern Namibia to Himba Metals (Pty) (“Himba”), a privately held company incorporated pursuant to the laws of Namibia, by way of a letter of intent dated March 10, 2022 (the “LOI”) among the Company, Himba and P & C Ventures Inc. (“P & C”). Pursuant to the LOI, Himba or its assigns has the option to acquire the Company’s 95% interest in Aloe Two Hundred and Thirty -Eight (pty) Ltd.(“Aloe 238”), a company incorporated in Namibia and which holds the exploration license associated with the Okohongo (the “Option”). In accordance with the terms of the LOI, to exercise the Option Himba or its assigns is required to: